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This simply indicates 90% of projects above 200M$ is worthless now.
There is no room for old bigcap projects. Market finds the hype/narrative/manipulation in new small projects.
Try to survive from Summer
Try to survive from September
Bitcoin volatility is rising fast after FED rate cut 👀
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"FED CUTS 50BPS" is the catalyst to print higher high ?
Summer is about to finish. Get ready ‼️
Chosen Animal's Marketcap now 👀
#NEIRO 350M$
#TURBO 350M$
#1MBABYDOGE 350M$
Most of them are the same (Quick pump and sharp drop)
but one of them is not like others.
He Yi, co-founder of Binance, explained: Binance has no intention to guide the trend towards Meme. There are three types of projects now: Telegram games, all for airdrops; many infrastructures, all high FDV VC coins; Memecoins. Binance found some projects with low FDV and dispersed coin holdings to test.
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Strange reactions from Vitalik, father of ETH.
He rarely talked about price before.
History indicates that consolidation always took so long but aggressive-trending-movement came and moved very fast.
2011 Blow Off Top: 8 weeks - 3555%
2013 Blow Off Top: 8 weeks - 1000%
2017 Blow Off Top: 9 weeks - 300%
2021 Blow Off Top: 9 weeks - 200%
2024 Blow Off Top?
How many weeks ?
How much gain ?